The Money Isn't There While You Try To Build Your Business Up
Power Banker (Former Employee) – Detroit, MI – October 15, 2018
While you cannot fault a mortgage company for selling mortgages, you are expected to sell a mortgage to everyone with a qualifying FICO score. This is driven home again and again in the ever-changing compensation plans and expectations of working 70-80 hours a week. You have to exceed your monthly goal or you will not make any money-period. Your status as a valued employee only comes if you exceed your goals. Then you Are something.
Some truly great people work at Quicken Loans-the only problem is that they are few and far between once you hit the banking floor. I heard a director on the floor say that he picked and chose who he helped-making it very clear that there was a high level of favoritism with unwritten rules navigating it. I would say that everyone deserves equal opportunity to receive help, as helping each banker in turn helps all clients, which in turn strengthens the entire company. Clearly, this company is fine with the extraordinarily high turnover rate and sees it as a by product of doing business. I do not recommend this company to anyone for any position.
Benefits start day one
Work/life balance, workplace culture